Shares of Scor SE (OTCMKTS:SCRYY – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $4.13 and last traded at $4.00, with a volume of 1245 shares changing hands. The stock had previously closed at $3.94.
Analysts Set New Price Targets
A number of equities analysts recently commented on the company. Morgan Stanley reiterated an “overweight” rating on shares of Scor in a report on Thursday, May 7th. UBS Group lowered Scor from a “hold” rating to a “sell” rating in a research note on Tuesday, August 18th. BNP Paribas Exane cut Scor from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 17th. Finally, Citigroup reiterated a “buy” rating on shares of Scor in a research note on Thursday, May 7th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold”.
Check Out Our Latest Analysis on SCRYY
Scor Price Performance
Scor (OTCMKTS:SCRYY – Get Free Report) last announced its earnings results on Thursday, July 30th. The financial services provider reported $0.12 EPS for the quarter, topping the consensus estimate of $0.10 by $0.02. Scor had a net margin of 5.50% and a return on equity of 19.18%. The business had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.25 billion. On average, analysts anticipate that Scor SE will post 0.49 earnings per share for the current fiscal year.
About Scor
SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.
The company’s main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.
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